- Group(s): Key terms and concepts
This is an observation (not a theory) that states that the terms of trade between primary goods and manufactured products deteriorate over time. The Prebisch-Singer Hypothesis (PSH) suggests that, over the long run, prices of primary goods such as coffee and cocoa decline in proportion to prices of manufactured goods such as cars and washing machines.
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Our A Level Economics Grade Booster workshops are designed to provide essential revision support to all A Level Economics students as they complete their preparation for the three terminal papers...
The A Level Economics Strong Foundations workshops are designed to support all Year 13 A Level Economics students as they complete the fourth term of their two-year linear course.
Pearson, Home based
Frensham Heights School, Nr Farnham, Surrey
tutor2u, Home based
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